A smaller majority of Brazilians favor the impeachment of President Dilma Rousseff compared to last month, while more than half want her immediate successor to be impeached too, according to a survey released on Saturday by polling firm Datafolha.
A Prosecutor decided on Saturday that former President Cristina Fernández de Kirchner must be included in a money laundering investigation following the testimony given by whistleblower Leonardo Fariña before Judge Sebastian Casanello on Friday.
Fujimori, the conservative daughter of jailed former president Alberto Fujimori, won the first round of Peru's presidential election on Sunday but she will likely face center-right economist Pedro Pablo Kuczynski in a tight run-off. Exit polls and early official results showed Fujimori with close to 40% support, falling well short of the 50% needed for an outright victory.
Latin America and the Caribbean are forecast to have an average economic activity contraction of -0.6% during 2016, according to the latest release from the Economic Commission for Latin America and the Caribbean (ECLAC). This new estimate reflects that the contraction experienced by regional Gross Domestic Product (GDP) in 2015 (-0.5%) will extend to the current year.
Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.